Another appalingly pathetically quiet session in the Asian FX market. Maybe we should change that old Chinese curse ‘may you live in interesting times’ to ‘may you have to trade the Asian session’
The only mover so far today is the NZD, and it’s still drifting slowly lower, dragging the AUD along with it, and this is having a mild bearish effect on EUR/USD, GBP/USD etc. All very boring I’m afraid.